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Interest on New Deposits Rises for the First Time Since the Ecb Lowered Official Rates
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The market rates, which serve as a reference to banks to fix the price of their products, are rising significantly since the summer, which pushes the institutions to take on the new credits if they do not want to lose profitability and assume an excessive risk. That effect, yes, is also beginning to be noticed in the remuneration that the bank offers for the term savings of its customers. The rate of the new deposits, in this line, has begun to …
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